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Updated about 4 years ago,

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Brian Garrett
  • Real Estate Investor
  • Palm Beach County, FL
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What size multifamily can you buy for $1MM in your market?

Brian Garrett
  • Real Estate Investor
  • Palm Beach County, FL
Posted

What size multifamily building does a $1MM purchase price get in your market for a true C/B Class area? 

Here in Palm Beach County, Florida the most you can get is a 5-8 unit building for that price point. 

Somewhere in the $125-200k/door range depending on location for a true C/B Class neighborhood.

I'm starting to consider other markets and I'm curious to see how much more value you can get in other areas.

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